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Updated about 1 year ago,
Can I house Hack as a College Student?
Hello People of BP,
I'm currently a college student and am planning within the next two years, to buy and house hack to reduce my monthly living expenses even if its only by a few hundred dollars. I've done some studying and research for my area, but am unsure if I would be able to qualify for a FHA loan to fund my property. I would only have the income of a part timer and I also would have accumulated at least 30 k in student loans. I have a credit of around 740-760 which would qualify me for the better loans, but looking at my DTI, I'm not so sure I do qualify. Any information on the topic would be helpful.
Thank you,
-Cesar R.